Mehmet Şimşek
- Turkiye
Turkiye Targets Investment-Grade Credit Rating as FDI Grows Nearly Twentyfold
Türkiye is regaining its position as a regional center for foreign direct investment (FDI), Treasury and Finance Minister Mehmet Şimşek…
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Turkiye Launches Historic Housing Drive with 500,000 Affordable Units to Combat Inflation and Soaring Rents
Türkiye is preparing to launch the largest housing initiative, with plans to build 500,000 new affordable units across all 81…
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Turkish Finance Minister Şimşek Meets Investors in London, Highlights Disinflation Progress and Reform Agenda
Turkish Treasury and Finance Minister Mehmet Şimşek met with investors in London over two days, holding high-level meetings with representatives…
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Turkiye Sees Broad Drop in Inflation Expectations, Signaling Confidence in Economic Policies
Inflation expectations for the next 12 months fell across all sectors in June, with market participants, businesses and households anticipating…
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Turkiye’s Credit Rating Raised by S&P Amid Economic Rebalancing and Inflation Control Efforts
Treasury and Finance Minister Mehmet Şimşek welcomed Standard & Poor’s (S&P) decision to raise Türkiye’s credit rating, highlighting the country’s…
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Turkiye unveils plan to make tax auditing system all digital
Türkiye is establishing an infrastructure that will enable it to transition all tax auditing processes to a fully electronic platform,…
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International banks upbeat on Turkish inflation
Following the promising June CPI print, international banks have started to lower their inflation expectations for Türkiye. Last month, consumer…
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Turkiye Postpones Stock Transaction Tax for Reevaluation, Finance Minister Announces
Work on introducing a tax on stock transactions has been postponed after feedback from all relevant parties, Finance Minister Mehmet…
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Turkish economy grows 5.7 percent in first quarter
The Turkish economy grew by 5.7 percent in the first quarter of 2024 from a year ago, accelerating from the…
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Türkiye’s Rent Cap Measure Set to Expire Amid Ongoing Tensions Between Landlords and Tenants
A measure that limits rent increases to a maximum of 25 percent is not likely to be extended once again…
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